Private schools to save £522m in tax thanks to charitable status
Tax relief granted to 586 out of 1,038 private schools, including Eton College and Dulwich CollegePrivate schools are set to get tax rebates totalling £522m over the next five years as a result of their controversial status as charities, according to a study of local council records.Charitable organisations in England and Wales are entitled to relief of 80% on the business rates payable on the buildings they use, and some of the country’s best-known private schools qualify under the
Read more »